Wey Education Share Discussion Threads

[netcurtains] 23/1/2018 15:20

quite a relevant show on today...



It sort of links with Wey's link to Crimson Tide.


and the associated company via shared director:

[netcurtains] 22/1/2018 14:26

MB: If I read stuff right, LTG is CURRENTLY worth ELEVEN TIMES WEY Education (eg £450M market cap compared to £40M for WEY).

WHIreland suggests WEY could be heading for £4M EBIT in 2020 and I think LTG might be heading for £25M (by that date). That suggests the difference between the two should be SIX not ELEVEN.

So, potentially WEY should more or less double (to 70s - as WHIreland suggest) "IF" its news flow continues OK. The way I see it LTG is cheap and WEY is perhaps cheaper still (but perhaps more risky as early stages of growth - but the rewards could be so much greater - and I'm not sure the risk is that great - there is always going to be a demand for good quality UK education ).

[multibagger] 22/1/2018 13:58

LTG is a business growing at a real scale...I have been buying LTG from 30p / Dec 2015. The sector is huge and Brode+Satchell are well known for his shareholder value creation.

WEY could be big in the years to come, but don't expect it to reach LTG levels anytime soon.

I hold a decent number of WEY - a small 6 figure holding for starters and shall ramp up based on progress....

[netcurtains] 22/1/2018 13:31

Big rise in LTG (Learning Tec Group)

WEY next?

[netcurtains] 22/1/2018 09:13

OXMAN its actually saying (as far as I can tell) that the WHIreland report for 2018 is quite likely to be correct: Eg InterHigh delivering increases in numbers (with bigger margin) and the B2B side will clearly be be way bigger too. So this probably should be trading at about high 40s low 50s (as WHIreland suggest would be a fair price for a company growing this fast).

[its the oxman] 22/1/2018 09:03

Nice rise in registration but no idea what was expected.

[netcurtains] 22/1/2018 08:42

Roger-Lawson: I think you need to get into mind set of someone who is going to send their child to an INTERNET SCHOOL. They will be quite NET SAVVY and will probably do such searches as:

igcse key stage 4


You will note InterHigh comes up on FIRST PAGE whereas nearly all the competitors disappear.

someone who is going to spend THOUSANDS on internet education will almost certainly do various searches.

[davemac3] 22/1/2018 07:53

How much does a RNS cost? They have fitted in lots of bits of news in one RNS

[multibagger] 22/1/2018 07:30

That's very encouraging :)

"...The Company is pleased to note separately that registrations to Interhigh for the first two weeks of January were 40% higher than those for the corresponding period in 2017...."

[multibagger] 22/1/2018 07:29

RNS Number : 4520C

22 January 2018

WEY EDUCATION PLC

("Wey Education" or the "Company")

Appointment of new Finance Director (Designate) and Company Secretary

Update on Academy 21 acquisition and marketing campaign

Director/PDMR Shareholding

Wey Education (AIM: WEY), the educational services group, announces that it is to appoint Barry Nichols-Grey as Finance Director (Designate) and Company Secretary.

Barry is a Chartered Accountant who qualified at PWC. He previously worked for the FSA in London and currently is the Finance Director of Dezrez Services Limited, a provider of Cloud based software.

Barry will be based in Wey Education's administrative centre in Wales and will head up the Company's finance function as well as becoming Company Secretary. Barry is expected to take up his appointment in April 2018.

As previously reported the acquisition of Academy 21 Limited ("Academy 21") completed immediately before Christmas. Since the start of the year the Company has merged the marketing team of Academy 21 with Wey's B2B team, a programme has been put in place to streamline accounting and billing and plans have been established to transition pupils and teachers at Academy 21 to Wey's state of the art learning platform over the summer. A further update on progress with the acquisition will be given with Wey's interim results.'

The company is still evaluating the response to its enhanced marketing campaign which included last week's major advertising at Waterloo Station. Given the long lead time for enrolments for students into the 2018/19 academic year it is likely to be many months before the impact can be fully assessed. The Company is pleased to note separately that registrations to Interhigh for the first two weeks of January were 40% higher than those for the corresponding period in 2017.

Wey Education announces that John Bridges, a Non-Executive Director, has notified the Company that on 17 January 2018 he sold 33,333 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 30.2 pence per Ordinary Share.

Following this transaction, further detailed below, Mr Bridges' interest in the share capital of the Company is now 500,000 Ordinary Shares, representing 0.4 per cent. of the Company's issued share capital.

[netcurtains] 20/1/2018 16:26

Interesting Video from SIBERIA, where WEY Education helped one young family:

[netcurtains] 19/1/2018 19:04

I think WEY Education need to do some HEAVY MARKETING in Scotland

The SNP Will be doing this:

The poll’s findings come after the Scottish government announced that it wanted to make private schools pay full business rates.



That is clearly a signal for WEY to say "Get the best 'Scottish' private education for your child but at only at a fraction of the cost". (Scottish in the sense the child can stay in Scotland)

[netcurtains] 19/1/2018 18:38

Well if Private Schools lose Charity Status the BIGGEST GAINER will be WEY EDUCATION ...

It is already a FOR PROFIT SCHOOL...

Good news for WEY Education - Scots in latest poll want Charity Status of private schools axed...


Posh kids will have to go on-line...

[666james] 19/1/2018 18:22

Nice entry point ? I did a top up a few days ago at 38p so I do hope your first position in Wey Education is a good starting point. I have held from April 2017 and am very hopeful that these shares will do well in the long term. There are very few shares out in the public domain (see above header for more details) so they are very erratic with most holders keeping a tight grip on the potential big money spinner. Best of luck with your holding

[alphabeta4] 19/1/2018 16:03

Added first position here - a low amount given the high risk but the forecasts look undemanding to me and the peg very attractive. Nice entry point?

[netcurtains] 18/1/2018 12:18

Milton Group (one of our biggest shareholders) has been doing really well over the past few days..

[netcurtains] 17/1/2018 18:53

I think the Student Room website owned by TSR has FOUR MILLION members.


Interesting to see what response this thread gets:



InterHigh is mentioned 24 times on the site:

[netcurtains] 17/1/2018 09:56

...could there be an ENGLISH LANGUAGE TRAINING company that might come up for sale soon. Owner set to become Labour MP



From Link
Ostrowski, who runs an English language training company, was Labour’s candidate in the target seat last year.

The web site:

[netcurtains] 17/1/2018 09:17

Roger-Lawson: The point SURELY is the investors AT WHATEVER PRICE, felt the risk reward of investing MILLIONS was good. It does not matter that they got them at 20p or 40p or 49p because they will not be able to sell that amount unless the price gets to about ONE POUND (and thus could take a 50% discount). There is huge volatility here. Nearly all of us (me included got prices even lower). We are all here because we are INVESTING for the BIG ONE (the ten bagger type investment).
You must be in Roger for the multi-bagger otherwise what would the point be - you might as well put your money into HSBC or Vodafone.

Thus if you put £1M in at 20p that is equivalent of putting £10K at 50p. You must be able to see that the £10K investor stands a good chance of selling his shares at roughly the price he or she paid but the MILLION QUID investor needs the price to rise MILES to make a good profit - probably at least ONE POUND a share.

But lets not just talk sell price. Its also about assets. The 20p investors bought into a company that did not have £5million in the bank, did not own the B2B business and did not have national adverting campaigns.
We now are investing into a bigger company with cash to spend. The 50p or 40p or 30p investors are here for the multibag.

[roger-lawson] 17/1/2018 08:39

Just like to point out that those "professional" investors paid 22p per share, which presumably is what they thought was worth paying for the shares only a few weeks ago. That's a whole lot less than the shares have traded at in the market of late, even after recent falls.

Or to put it another way, the placing price was set at a level by the advisors to ensure a good take up of the offer even though it was less than the then market price.

[666james] 16/1/2018 22:30

Sorry he said "investors"....its been a long day !!

[discodave4] 16/1/2018 22:02

Placing in November.

[666james] 16/1/2018 21:49

Net, when did the investor get hold of £5 million worth of Wey shares ?

[netcurtains] 16/1/2018 15:41

The reason this should probably be trading at about 40p to 50p is the professional investors who bought £5 million in shares know roughly the same facts we do....
Namely:

1. The Secondary Education market in UK alone is worth billions.

2. WEY are an industry disruptor (so anything might happen once more people know of its services and its success rate in getting "top" marks for its iGCSE and A Levels).

3. If the "gamble" works the payback should be many fold. If the investment gamble does not work, the business model as it stands makes money at a growing rate with little or no overheads compared to organisations that require buildings (business rates and travel overheads).

4. They also have the subsidiary of teaching adults English as a foreign language. Who knows what they can do here with 'real time' teaching of English to the world.

5. So far WEY have done what they said they would namely: bought a company in B2B and increased marketing spend.

6. At least one investment journalist marks WEY as a buy at 38.5p (just about a week or so ago)